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Trade watchdog rejects complaints against Ambience

Trade watchdog rejects complaints against Ambience
Allegations of anti-competitive practices against realty firm Ambience and the Haryana government on the development of a residential project in the city have been rejected by fair trade watchdog. The Competition Commission of India disposed of all three complaints against Ambience and the government filed by Moran Plantation, Mili Marketing and Parasramka Holdings, in an [...] Continue Reading »

Haryana Housing Board to build 50,000 houses for EWS

Haryana Housing Board to build 50,000 houses for EWS
In a massive housing programme launched for the economically weaker section (EWS), BPL and other categories, the Haryana Housing Board has launched construction of 50,000 affordable houses for over the next two years. Construction of about 30,000 houses has already started. The total cost of the project is being estimated to be over Rs 2,250 [...] Continue Reading »

Over 5,000 DDA flats unallotted

Over 5,000 DDA flats unallotted
The Delhi Development Authority (DDA) has been sitting on more than 5000 flats lying vacant in the city. Residents of Delhi may be waiting for Delhi Development Authority (DDA) to offer new flats, but there are about 5,970 flats lying vacant in the city. These vacant flats are in various categories, including high income group [...] Continue Reading »

Property tax may increase in Chandigarh

Property tax may increase in Chandigarh
Chandigarh- A revision of property tax rates in residential areas in Chandigarh will be performed by the committee of local bodies department. The Municipal corporation had imposed nominal property tax of Re 1 per square yard annually on residential properties having an area above 125 square yard. This amount paid will be restricted to Rs [...] Continue Reading »

House tax calculations proposed in Chandigarh

House tax calculations proposed in Chandigarh
Chandigarh- The monthly housing meeting of Chandigarh Municipal Corporation held on January 31, 2013 resulted in elaborated calculation to levy house tax in the city. It proposed imposition of tax as follows- a) For owners having house more 125 sq yd or five marlas or 1360 sq ft area are suppose to pay house tax [...] Continue Reading »

Integrated townships in demand

Integrated townships in demand
Integrated township has been witnessing a strong demand. The new home buyers are giving more preference for community living that offers a mix of amenities at the doorstep. The state government has implemented some reforms in the township policy to make townships more reasonable. The new policy has been approved by the Chief Minister and [...] Continue Reading »

PMC to get more funds for housing scheme

PMC to get more funds for housing scheme
Pune- The civic bodies are now able to get more funds intended for homes schemes for the weaker people. The Centre recommended to create a whole new fund scheme intended for low-income communities in order to purchase or construct house. The ministry of housing and urban poverty alleviation (HUPA) made a decision to up-date the [...] Continue Reading »

Government raises annual income bar

Government raises annual income bar
The government has decided to raise the amount on annual income for Economically Weaker Sections (EWS) and Lower Income Groups (LIG) to get the benefits of housing scheme. The income declared for EWS have been raised to Rs 1 lakh from Rs 60,000 and for LIG it has been raised to Rs 2 lakhs as [...] Continue Reading »

Court directs ACB to look into Hiranandani case

Court directs ACB to look into Hiranandani case
The Anti-Corruption Bureau (ACB) will be inquiring Niranjan Hiranandani, the co-founder of Mumbai-based Hiranandani Group, with regard to a criminal complaint case filed against him in connection with suspected irregularities in a housing project. A special court has directed the ACB, while hearing the complaint filed by activist Santosh Daundkar against Hiranandani, for allegedly cheating [...] Continue Reading »

Allocation of affordable apartment’s opposed by Builders

Allocation of affordable apartment’s opposed by Builders
The urban development department of Nagpur has proposed to reserve 20 percent of private apartments for the low cost affordable housing program. The builders of the city have opposed the proposal saying that it is government’s responsibility to provide affordable accommodation for the economic weaker section (EWS) of the state. The builders also said that [...] Continue Reading »



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